Product Marketing Manager - Sexual Health
LOCATION
Lake Forest, IL (Abbott Molecular)
QUALIFICATIONS
Bachelor's degree in business or marketing, at least 5 years of experience in financial skills, market analysis, communications, product launches, and understanding of regulatory requirements. An MBA and experience in the healthcare industry are preferred.
RESPONSIBILITIES
Drive execution of global brand marketing strategy, maintain market expertise for products, develop marketing plans and strategies, commercialize new products, assess market opportunities, collaborate with global stakeholders, and ensure compliance with corporate policies.
INDUSTRY
Healthcare and Medical Diagnostics
SHORT DESCRIPTION
Abbott is seeking a Product Marketing Manager for Sexual Health, responsible for leading marketing initiatives within the molecular diagnostics business unit to enhance product performance and market share.
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.
Job Description
Working at Abbott
At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to:
Career development with an international company where you can grow the career you dream of!
Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
An excellent retirement savings plan with a high employer contribution
Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.
A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.
The Opportunity
This position works out of our office in either Lake Forest, IL for Abbott Molecular, a division of Abbott Laboratories, a global, diversified healthcare innovator with a legacy of pioneering work in medical diagnostics.
As the Product Marketing Manager, Sexual Health, you will be working on highly visible projects within the molecular diagnostics business unit and will be responsible for driving execution of the global brand marketing strategy, product management and marketing activation. The Product Marketing Manager shall maintain worldwide product expertise for products/franchises, including market sizes/trend share, customer needs and targeting, product performance/benefits/weaknesses/positioning. The person hired in this role will also provide on-going support of new product development including customer requirements definition, product concept validation, financial analysis, and securing Business Unit commitment through market launch.
Success will be measured against sales and margin expectations, sales force competency/knowledge level and market image.
What You’ll Work On
Maintain worldwide market expertise for products and franchises, including in-depth knowledge of competitor products and strategies, market trends and dynamics, market/franchise critical success factors, and customer needs.
Develop marketing plans that support growth of market share of the sexual health portfolio
Develop and update annual marketing plans/strategies including market analysis, customer segmentation and targeting, product positioning, competitive assessments, and SWOT or other situation assessment.
Create and develop strategies for new product commercialization.
Assess new markets and opportunities in support of BD and R&D.
Partner with global peers and in-market experts to build the brand to achieve business goals.
Ensure alignment of cross-functions at Headquarters and Regions to insight direction.
Liaison effectively with global stakeholders, both at Headquarters and in the Regions, in a matrix organizational design to bring plans to fruition.
As for every leadership position, this individual is Responsible for compliance with applicable corporate and divisional policies and procedures.
Required Qualifications:
Bachelor’s Degree (± 16 years) business or marketing an equivalent combination of education and work experience.
At least 5 years of substantial financial skills, market analysis and advanced communication skills.
At least 5 years of knowledge/ability to develop and execute a product launch.
At least 5 years of strong analytical skills as well as written and oral communication skills.
At least 5 years of experience being able to understand technical and scientific information.
At least 5 years of understanding and complying with Regulatory requirements.
Must be able to influence and motivate individuals from sales, marketing, and other functional areas to drive product sales.
Must be able to complete multiple projects simultaneously with tight deadlines.
10% Travel is required.
Preferred Qualifications
MBA strongly preferred.
Experience working in the health care industry
At least 2 years working in downstream marketing and/or understanding traditional and digital marketing concepts (non-personal promotion, media placement, KPIs, customer journey mapping, message development)
Clinical/Scientific Degree preferred.
2 or more years in marketing (upstream and/or downstream) with preferably 1 or years in global marketing.
Experience working in lab/point of care/consumer diagnostics health care/med device/ health care startup organizations.
Previous experience in product commercialization, marketing campaign development, customer segmentation.
Sales experience is a plus
Sexual health (in marketing or scientific setting) is a plus.
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.
Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott, and on Twitter @AbbottNews.
www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.
/Abbott and on Twitter @AbbottNews and @AbbottGlobal.
The base pay for this position is $97,300.00 – $194,700.00. In specific locations, the pay range may vary from the range posted.
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